re·fin·ance (rē'fə-nāns', rē-fī'nāns') intr. & tr.v.
re·fi·nanced, re·fi·nanc·ing, re·fi·nanc·es To provide new financing or new financing for, as by discharging a mortgage with the proceeds from a new mortgage obtained at a lower interest rate. re·fi'nance' n., re'fi·nan'cer, re'fin·an·cier' (-fĭn-ən-sîr', -fə-nān'-) n.